Overview
What is Padua Franciscan High School Endowment Trust?
Padua Franciscan High School Endowment Trust is a charitable fund specifically established for the benefit of Padua Franciscan High School, a non-profit educational institution. The trust's primary purpose is to support the school's ongoing operations and future initiatives, ensuring its continued success and impact on students' lives. Located at 6740 State Road, Parma, Ohio 44134-4598, this endowment fund is an important resource for Padua Franciscan High School, providing financial stability and opportunities for growth.
Is Padua Franciscan High School Endowment Trust legitimate?
Padua Franciscan High School Endowment Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Padua Franciscan High School Endowment Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Padua Franciscan High School Endowment Trust?
The Padua Franciscan High School Endowment Trust is an establishment specifically designed for the advantage of Padua Franciscan High School, a non-profit organization. The primary objective of this trust is to support the high school's interests financially. The endowment fund serves as a source of steady income, ensuring the school's long-term sustainability and development. The trust's mission aligns with the school's mission, aiming to enhance the educational opportunities and overall well-being of its students. By providing a reliable financial resource, the Endowment Trust helps safeguard the future of Padua Franciscan High School.
Who is the CEO of Padua Franciscan High School Endowment Trust?
Steve Sowers is the Trustee of Padua Franciscan High School Endowment Trust.
What is the revenue of Padua Franciscan High School Endowment Trust?
Padua Franciscan High School Endowment Trust's revenue in 2023 was $446,438.
Who are the executives of Padua Franciscan High School Endowment Trust and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Padua Franciscan High School Endowment Trust?
Padua Franciscan High School Endowment Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Padua Franciscan High School Endowment Trust
Padua Franciscan High School Endowment Trust is an establishment that was established specifically for the benefit of Padua Franciscan High School, a non-profit organization. The primary mission of this trust is to support and uphold the interests of the high school. This is achieved through the creation of an endowment fund, which serves as a source of financial assistance for the school's various needs. The trust is dedicated to ensuring the long-term success and sustainability of Padua Franciscan High School, thereby contributing to the educational opportunities and future of its students.
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Impact
October, 2024
The Padua Franciscan High School Endowment Trust plays a crucial role in supporting the educational mission of Padua Franciscan High School in Parma, Ohio. By providing a stable financial foundation, the endowment fund ensures that the school can offer quality education, maintain facilities, and enhance student programs.
The impact of this endowment is multifaceted; it helps to provide scholarships that make education accessible to a diverse student body, supports faculty development, and funds extracurricular activities that enrich the student experience. This financial support not only uplifts the school's community but also fosters an environment where students can thrive academically and personally, embodying the values of Padua Franciscan High School. Ultimately, the endowment trust contributes to the school's long-term sustainability, allowing it to continue nurturing future generations of leaders and engaged citizens.
This information is meant to be a general summary of Padua Franciscan High School Endowment Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $181,092
- Gross Receipts: $1,963,659
Assets and Liabilities:
- Total Assets: $4,699,846
- Total Liabilities: $8,300
- Net Assets: $4,691,546
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Organization Details
Founding Year
1981
Phone
(440) 845-2444Principal Officer
Steve Sowers
Main Address
6740 STATE ROAD, PARMA, OH, 441344598
NTEE Category
Code: B25I - Education
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